Disclaimer: For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market. This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Comment
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still keeping the Pending Sell Stop active
the entry level still has not been hit and the right shoulder is still valid so I am not cancelling it for the time being
Thank you. Nice chart. I was looking the same pattern on EURUSD.
Aqua_Trader
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@KlejdiCuni, thank you for your chart. Yes you are right I saw that too but I preferred the CAD variant instead. Let's hope they play out as we want them to :)
Azzazazza
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@SN_Doumet, gone to 1.5106 think its worth holding??
Aqua_Trader
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@Azzazazza, if you read the description properly you wouldn't be in the trade. I am not in the trade as my entry was set at 1.5050, that level has not been hit so my trade has not been activated yet. If you used market execution, that's too bad, I don't use them.